For Sale: Minneapolis MLS# 6758033
Active
$489,900
Multi-family: Duplex Up and Down
Built 1924
2,876 sqft • 0.15 acres
Minneapolis schools
MLS# 6758033
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Property Description
Lovingly cared for by the same owner-occupants for nearly 40 years, this classic Seward duplex sits on an oversized lot on a quiet street near the Mississippi River. The vibrant, walkable neighborhood offers easy access to walking/biking trails, restaurants, yoga, co-op grocery, and both downtowns.
With three finished levels above ground, the home blends historic character—hardwood floors, built-in buffets, and original millwork—with thoughtful modern updates, including newer windows throughout, a 2022 roof on both the house and oversized 3-car garage, plus updated mechanicals and added insulation.
Originally built as a duplex, it features common front and back stairways and separate laundry for each unit (second floor and basement). Both units include two bedrooms, a full bath, formal dining room with buffets, living room, spacious kitchens with abundant counters and cabinets, and two versatile spaces: a sunroom open to the living room and an ample eat-in kitchen area overlooking the backyard.
The first-floor unit is bright and airy, with an open-concept view from the sunroom in front to the eat-in kitchen area in the back. The upper unit lives like a treehouse, with abundant natural light, a large deck overlooking a serene backyard pond, and a finished third-floor bedroom with skylight and convenient half bath. The upper unit also has natural woodwork on the primary living level ! The basement offers potential for future expansion of the main-level unit.
Recent updates include a newer boiler and hot water heater, soft-close kitchen cabinets on the main level, freshly stained deck, interior painting, and added insulation. See Supplement. Ideal for first-time buyers who want part of their mortgage paid by a tenant, or for multi-generational living arrangements.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$489,900
Price per sq ft:
$170
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
3
County:
Hennepin
Year Built:
1924
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55406
Neighborhood/Area:
Seward
Subdivision Name:
Rgt The Town Of Falls City-Blks
Interior
Finished Area:
2,876 ft2
Living Area:
2,876 ft2
Ranges:
One Per Unit
Refrigerators:
One Per Unit
Basement Details:
- Block
- Full
- Single Tenant Access
- Storage Space
- Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
3
Garage Dimensions:
28 X 19
Garage Size:
532 ft2
Foundation Size:
1,136 ft2
Fencing:
Partial
Handicap Accessible:
None
Heating System:
- Boiler
- Radiant
Parking Features:
- Detached
- Insulated Garage
Shared Amenities:
Common Garden
Road Frontage:
City Street
Exterior Material:
Wood Siding
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.15
Geolocation:
44.958584, -93.222862
Lot Dimensions:
40 X 159
Zoning:
Residential-Multi-Family
Lot Description:
- Many Trees
- Public Transit (w/in 6 blks)
- Some Trees
Farm
Topography:
Level
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
$1,523
Annual Insurance Expense:
$3,299
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
$2,289
Annual Water/Sewer Expense:
None
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$6,708
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,708
Income
Annual Gross Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.